Rising Interest Rates

When I speak with clients, I always talk about making sound financial decisions. I urge them to not base their choices on faulty logic or misinformation. I want them to take the emotion out of their decisions. By taking emotion out of the financial decision-making process, they can take a hard look at the numbers, which often helps things become much more clear.

We're just a month away from the mid-year point, believe it or not.  As a half-time refresher of sorts, I wanted to share some information on all things IRA.  The following infographic from Max Retire Rules covers the high-points on the four types of IRA - Roth, Traditional, Simple, and SEP

The nice thing about this piece is that in addition to covering the basics of how each IRA functions, there is also updated limit information for 2013.  This can come in handy as you contemplate your contributions now or in the future for the 2013 tax year.